Administrators are hoping to finalise a rescue deal for BHS by the end of this week after securing four offers for the business on Tuesday. MPs are preparing to call Darren Topp, the current boss of BHS, to give evidence to a parliamentary inquiry next month into the retail chain’s collapse.
The chairman of Standard Life has said that pay across the UK’s financial services industry is too high, as more than a fifth of the insurer’s shareholders voted against its boardroom pay deals.
Tesla relied on cheap foreign labor to build a hi-tech paint shop in California, paying workers as little as $5 an hour, according to a damning report that prompted CEO Elon Musk to launch an investigation.
Warren Buffett’s Berkshire Hathaway has bought $1bn worth of Apple shares in a bet that the iPhone-maker will bounce back from a recent slump.
Marks & Spencer has revealed a shake up of its senior management team "to drive speedier decision making and move the business closer to its customers".
The European commission has blocked Three’s £10.25bn takeover of O2 on competition grounds, more than a year after the deal to form Britain’s biggest mobile phone operator was announced.
Germany’s largest steelmaker ThyssenKrupp has cut its profit forecast as record Chinese exports have led to a global glut of steel and pushed prices lower.
After more than half a century in which Ben Sherman shirts were bought by The Who, The Jam and Oasis, the fashion brand has been snapped up by a US private equity firm.
Unilever is to cut the size of British ice-creams including Magnum, Cornetto, Ben & Jerry’s and Feast by up to a third to bring them all under 250 calories.
Nearly a fifth of Morrisons shareholders have failed to back the company’s remuneration report in the latest protest against executive pay.
The first face-to-face talks between the boss of Southern Rail and the leader of the RMT union are to be held on Wednesday in an attempt to resolve the six-month-long dispute.
Media magnate Rupert Murdoch and former model Jerry Hall are to get married, after announcing their engagement at the ripe ages of 84 and 59 respectively.
The wife of retail tycoon Sir Philip Green has defended their use of companies based in tax havens, praising their “strong regulatory regimes”.